U.S. Markets closed

SE Asia Stocks-Subdued; Singapore hits 1-week high as lenders jump

* Malaysia snaps 3-day winning streak

* Singapore's OCBC posts record qtrly profit

* Indonesia c.bank pledges to ensure banks have ample


By Shanima A

Nov 1 (Reuters) - Singapore shares climbed to a one-week

high on Thursday as lenders rallied after Oversea-Chinese

Banking Corp posted a record quarterly profit, while other

markets in the region were subdued.

Singapore shares ended 1.4 percent higher after

lender OCBC reported a 12 percent rise in quarterly

profit, helped by higher net interest income and a decline in

allowances for bad debts.

Shares of OCBC closed 3.8 percent higher while rival DBS

Group Holdings Ltd, the largest lender in Southeast

Asia, rose 2.1 percent to a one-week high. DBS Group will report

its results next week.

However, escalating trade war woes between Washington and

Beijing weakened factory activity and export orders across Asian

countries. Manufacturing surveys showed contraction in factory

activity in Malaysia as conditions for exporters and factories

were deteriorating.

Malaysian shares declined 0.1 percent, snapping a

three-day gaining streak.

Malaysia's biggest lender by market value, Malayan Banking

Bhd, lost 1 percent and Hong Leong Bank Bhd

slumped to a more than one-week low.

Indonesian shares ended marginally up after data

showed the country's annual inflation rate accelerated to 3.06

percent in October, faster than September's 2.88 percent, but

remained within the central bank's comfort range.

However, the country's central bank said it will inject

liquidity at any sign of problem in the banking sector as loan

growth accelerates.

Bank Mandiri (Persero) Tbk PT ended the session

5.5 percent higher while consumer goods maker Unilever Indonesia

Tbk PT shed 2.4 percent.

Thai shares closed flat after losses in energy

stocks offset gains in most other sectors.

Petroleum and gas company PTT Pcl lost 2.9 percent,

snapping a three-day winning streak as oil prices fell.

Data released earlier in the day showed Thailand's annual

headline consumer price index rose 1.23 percent in October,

slightly below analysts' forecast.

Vietnam shares ended 0.7 percent lower while the

Philippine market was closed for a public holiday.

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Market Current Previous close Pct Move

Singapore 3060.85 3018.8 1.39

Bangkok 1667.55 1669.09 -0.09

Jakarta 5835.92 5831.65 0.07

Kuala Lumpur 1706.92 1709.27 -0.14

Ho Chi Minh 907.96 914.76 -0.74

Change on year

Market Current End 2017 Pct Move

Singapore 3060.85 3402.92 -10.05

Bangkok 1667.55 1753.71 -4.91

Jakarta 5835.92 6355.654 -8.18

Kuala Lumpur 1706.92 1796.81 -5.00

Ho Chi Minh 907.96 984.24 -7.75

(Reporting by Shanima A in Bengaluru; Editing by Vyas Mohan)